Here are the latest month's short interest figures for the OSX constituents, followed by info on a few other thread favorites. I used Yahoo's average daily volume to suss out the trading days equivalent of each short position. Recent volume increases in many of these stocks render the days-to-cover figures a little high. Please correct any gaffes in my math, my analysis, or both.
All in all a mixed bag, it seems to me, but a few things caught my eye. Luc's NE might have run away from the pack if not for the bears selling it off, same for PDS. Both showed resilience through a marked increase in shorts. Plenty new HAL merger shorts seem to be waving in the breeze.
Also, it looks like EVI's quarterly performance might have blind-sided a lot of folks who ended up scrambling to cover yesterday as the stock took flight. Traders had sold over a week's worth of EVI and many are probably still trying to get it back. They took their chances, now they're paying their money.
Providing the whole sector doesn't get whacked by market news, could any kind of decent numbers out of PDE or NE today touch off the same kind of launch? Although PDE's volume was up yesterday, the shorts may owe the brokers about four days worth of PDE. If the Q report doesn't give them a bad news window to crawl back in, I think they'll be looking to pony up sooner rather than later. (For that matter, when does TDW report?) Margin calls await.
All comments welcome. Thanks again for the excellent posts.
ian
Entries read, left to right: trading symbol, # shares open, % change open shares from March 19 to April 21, # days volume to cover. Bold figures indicate month/month percent gain. I could use some SI formatting tips -- obviously -- as well.
BHI ....... 4,167,277 ...... 23.9 ..... 2.4
DI ........ 4,364,786...... -0.2 ..... 3.3
FLC ....... 3,520,962 .......6.3 ..... 2.6
GLBL ...... 1,054,591..... 76.1 ..... 1.3
GLM ....... 3,137,938 ..... -11.5 ..... 1.3
HAL ..... 19,111,007 ...... 63.3 ..... 7.3
NBR...... 6,933,716 ..... -13.0 ..... 4.7
NE..... 4,020,718 ..... 133.8 ..... 2.9
RDC ....... 1,482,554 ...... -30.7..... 1.5
RIG ....... 3,821,051 ...... 27.6 ..... 3.0
RON ........ 539,713 ...... -53.3 ...... 0.7
SII ........ 783,362..... -26.1 ..... 1.2
SLB...... 5,375,711 ....... 1.6 ..... 1.6
TDW...... 4,670,492 ...... -6.3 ..... 4.7
VRC ...... 2,000,113 ..... -18.8 ..... 3.1
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ESV ...... 4,959,723..... -13.2 ..... 3.5
EVI ...... 6,400,351..... -5.0 ..... 7.0
FGII ...... 639,693..... -15.1 ..... 1.4
HMAR ..... 1,579,622..... -9.9 ..... 4.3
MDCO ..... 1,311,016 ..... 71.5 ..... 0.8
PDE ......1,474,351 ..... 2.9..... 5.0
PDS ....... 666,630..... 48.2..... 2.7
TMAR...... 343,463..... 76.9 ..... 0.46
UTI ....... 235,352 ..... -7.2..... 0.6 |
